PTCL Group, Pakistan’s largest telecommunications and digital services provider, comprising PTCL and Ufone 4G, has entered into a strategic partnership with TPL Insurance to launch an enterprise-focused financial guarantee framework. This initiative is designed to accelerate the adoption of digital tools, smart devices, and IoT-based equipment across a wide spectrum of industries, irrespective of their scale. The partnership enables enterprises to access advanced technological solutions without the burden of high upfront costs, making digital transformation more attainable for businesses of all sizes.
The collaboration introduces a transformative device financing model under PTCL Group’s growing Device-as-a-Service (DaaS) portfolio. The offering includes flagship smartphones, tablets, customized handhelds, networking gear, and IoT infrastructure — all aimed at empowering organizations to digitize operations. With the support of TPL Insurance’s innovative credit risk mitigation framework, this partnership reduces investment risk and facilitates flexible payment plans tailored for enterprises.
By removing financial and credit barriers, PTCL Group aims to support a more inclusive technological ecosystem. The device financing system not only encourages widespread adoption of smart technology but also enables small and medium-sized businesses to compete in a digital economy. PTCL’s infrastructure and digital services, coupled with TPL Insurance’s risk assessment capabilities, form a comprehensive solution to modern business demands.
Asif Ahmad, Group Chief Business Solution Officer at PTCL and Ufone 4G, emphasized that this partnership aligns with PTCL’s strategy of enabling technology-led growth across Pakistan’s corporate sector. He noted that the collaboration is part of a broader vision to establish resilient and scalable business solutions that enhance accessibility and affordability of digital infrastructure. Ahmed reaffirmed PTCL Group’s intent to expand on this initiative by exploring additional strategic programs to increase financial inclusion and simplify enterprise technology adoption.
Muhammad Aminuddin, CEO of TPL Insurance, highlighted the importance of such alliances in promoting innovation within the financial and insurance sector. He stated that the partnership reflects a mutual commitment to develop financing products that address modern enterprise challenges. By offering a safety net for enterprises through credit assurance, TPL Insurance aims to enable organizations to invest in essential digital equipment and solutions without hesitation.
This financial guarantee framework will play a vital role in fostering technological growth by minimizing risk for both suppliers and customers. Businesses can now access cutting-edge hardware with structured payments, aligning with their operational and financial capabilities. The model supports long-term business continuity by easing access to necessary tools that drive productivity, connectivity, and innovation.
This partnership serves as a major advancement in PTCL Group’s enterprise offerings and TPL Insurance’s commitment to innovation in the financial risk space. As the demand for smart, scalable digital solutions continues to rise, collaborations such as this offer a pathway for organizations across Pakistan to future-proof their operations while managing financial exposure effectively.
